Dependable Erection

Monday, August 31, 2009

This is just wrong

Who will save the world from the evil clutches of Value Creation Man?
The Walt Disney Company said Monday that it would buy the comic book giant Marvel Entertainment for about $4 billion.

Under the terms of the deal, Marvel shareholders will receive a $30 a share in cash plus about 0.745 Disney shares for each Marvel share they own. The boards of both companies have approved the deal, which was valued at $50 a share.

With the acquisition, Disney will acquire more than 5,000 Marvel characters, including Spider-Man, Iron Man, Captain America, Hulk and the X-Men.

“We believe that adding Marvel to Disney’s unique portfolio of brands provides significant opportunities for long-term growth and value creation,” the chief executive of Disney, Robert A. Iger, said in a statement.

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5 Comments:

  • I agree, there's just something weird about this.

    Though Punisher vs. Goofy sounds pretty cool.

    By Blogger hovercraft, at 11:25 AM  

  • Well, hopefully it will follow the pattern of other creative properties it has acquired and leave them alone (Dreamworks, Miramax).

    But yeah, the thought of Disney owning Marvel kind of makes me want to throw up a little.

    By Blogger Brian, at 11:44 AM  

  • AAAAAAAAAAA!!!!!!!!!!

    By Blogger Vera, at 12:22 PM  

  • Spider Mouse, spider mouse, moves as fast as a...

    By Blogger netch, at 9:14 AM  

  • Yeah, Jim Henson's company has actually managed to continue to do decent work, both without Henson and with Eisner technically above them. On the other hand, what they did to ESPN is hard to stomach.

    By Blogger Michael Bacon, at 9:30 PM  

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